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Aida Sekkei Co (TSE:2990) Retained Earnings : 円11,722 Mil (As of Sep. 2023)


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What is Aida Sekkei Co Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Aida Sekkei Co's retained earnings for the quarter that ended in Sep. 2023 was 円11,722 Mil.

Aida Sekkei Co's quarterly retained earnings increased from Sep. 2022 (円0 Mil) to Mar. 2023 (円10,763 Mil) and increased from Mar. 2023 (円10,763 Mil) to Sep. 2023 (円11,722 Mil).

Aida Sekkei Co's annual retained earnings increased from Mar. 2021 (円11,469 Mil) to Mar. 2022 (円12,938 Mil) but then declined from Mar. 2022 (円12,938 Mil) to Mar. 2023 (円10,763 Mil).


Aida Sekkei Co Retained Earnings Historical Data

The historical data trend for Aida Sekkei Co's Retained Earnings can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Aida Sekkei Co Retained Earnings Chart

Aida Sekkei Co Annual Data
Trend Mar19 Mar20 Mar21 Mar22 Mar23
Retained Earnings
10,053.90 10,728.50 11,468.75 12,938.00 10,763.00

Aida Sekkei Co Semi-Annual Data
Mar19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23
Retained Earnings Get a 7-Day Free Trial Premium Member Only 13,500.21 12,938.00 - 10,763.00 11,722.00

Aida Sekkei Co Retained Earnings Calculation

Retained Earnings is the accumulated portion of net income that is not distributed to shareholders. Because the net income was not distributed to shareholders, shareholders' equity is increased by the same amount.

Of course, if a company loses, it is called retained losses, or accumulated losses.


Aida Sekkei Co  (TSE:2990) Retained Earnings Explanation

Historically profitable companies sometimes have negative retained earnings. This is because they have cumulatively paid out more to shareholders than they reported in profits.

For example, in 2011, Microsoft had negative retained earnings. This does not mean the company lost more money than it made over the years. It just means it paid out more money than it earned.

If a company has negative retained earnings, investors should check the 10-year financial results. They should not assume that negative retained earnings prove a company has generally lost money in the past.

Of course, many companies with negative retained earnings have indeed lost money in the past.

Retained Earnings: Warren Buffett's Secret.

One of the most important indicators of durable competitive advantage. Net earnings can be paid out as dividends, used to buy back shares or retained for growth.

If the company loses more than it has accumulated, retained earnings is negative.

If a company isn't adding to its retained earnings, it isn't growing its net worth.

Rate of growth of retained earnings is good indicator whether it's benefiting from a competitive advantage.

Microsoft is negative because it chose to buyback stock and pay dividends.

The more earnings retained, the faster it grows and increases growth rate for future earnings.


Aida Sekkei Co (TSE:2990) Business Description

Traded in Other Exchanges
N/A
Address
2-286 Sakuragicho, Omiya-ku, Saitama Prefecture, Saitama, JPN, 330-0854
Aida Sekkei Co Ltd is engaged in the sales and construction of pre-build homes and custom build homes.

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